The University of Puerto Rico’s Department of Chemistry at its Río Piedras campus has received a $750,000 grant to establish a Center for the Advancement of Hybrid Research Experiences for Underrepresented Students. The funding comes from the US Department of Education, under the Minority Science and Engineering Improvement Program (MSEIP) and will extend for three […]
The number of certified medicinal cannabis patients has jumped to 114,521, according to the most recent data published by Puerto Rico’s Medicinal Cannabis Regulatory Board (MCRB), up by about 24% when compared to the 92,499 on record for 2019. However, according to an analysis by local economic research firm, Abexus Analytics, about 37% of Puerto […]
Toyota de Puerto Rico unveiled its new $23.6 million corporate headquarters at the 654 Plaza building in San Juan, where it also invested another $3 million to create a state-of-the-art training center. Advances in technology, the company’s needs, and Toyota’s commitment to Puerto Rico made it necessary to move its offices to new the facilities, […]
For more than five years, StartUp Popular has been a promoter of entrepreneurship and the economy of Puerto Rico. The program, which has been dedicated to offering financing, coaching and events to encourage networking among local entrepreneurs, will continue to receive applications. StartUp Popular is designed for entrepreneurs who have a business with two years […]
The US Department of Agriculture has awarded grants totaling $358,000 to develop eight rural community water projects across Puerto Rico that were crippled by Hurricane María in 2017. The funding is part of a global $272 million the agency will distribute across the US mainland and Puerto Rico under its Water and Waste Disposal loan […]
The Central Office of Recovery, Reconstruction and Resiliency (COR3) announced the first disbursement of approximately $7.1 million to the Puerto Rico Electric Power Authority for work related to reconstruction projects. “The approval of the Advance Request, presented by PREPA to COR3 and whose millionaire amount was disbursed to cover expenses incurred and projected for the […]
The Federal Emergency Management Agency (FEMA) announced it has awarded nearly $26.2 million to the municipality of Yabucoa to rebuild the Félix “Nacho” Millán baseball stadium. This obligation is an addition to the more than $41 million that has been allocated to the municipality to date for 61 other permanent work projects. “This obligation marks […]
The heads of the Puerto Rico Economic Development Bank and the Labor Department signed a collaborative agreement to provide funding and grants from the Small Business Financing-CDBG-DR program to new and existing entrepreneurs who received unemployment and Pandemic Unemployment Assistance (PUA) benefits. People who qualify for the microentrepreneur financing program may receive up to $25,000 […]
The Puerto Rico Sales and Marketing Executives Association (SME, in Spanish) will host its SME Marketing Summit on Oct. 21, when under the slogan “Stop Marketing, Start Mattering,” it will present a new study entitled “Citizens and Brands with Purpose,” commissioned to Estudios Técnicos Inc. Anitza M. Cox, director of the firm’s analysis and social […]
Puerto Rico government officials announced the launch of the “Identificación Electrónica de Acceso en Línea” platform, known as IDEAL, an online tool that connects public agencies, vowing to eliminate bureaucracy and streamlining processes that citizens and businesses get when submitting applications for certifications, services, contracts and permits. During a news conference, Gov. Pedro Pierluisi said […]
The Puerto Rico International Auto Show kicked off the “Christmas Car Preview presented by PRIAS,” featuring a collection of what it called “the most attractive vehicles of 2022, each of which is a gem and the perfect gift for a Merry Christmas on wheels.” The free event will run through Oct. 24 at Plaza Las […]
The Department of Economic Development and Commerce’s (DDEC, in Spanish) Office of Business Incentives announced it has granted tax exemption incentives to 25 young entrepreneurs from 15 municipalities throughout the island to develop new businesses. The agreements provide, for a period of three years, the following benefits: 100% exemption in the payment of tax on […]
In the wake of the backlash to the announcement that Puerto Rico will be one of the countdown locations for this year’s “Dick Clark’s New Year’s Rockin’ Eve with Ryan Seacrest 2022,” the Puerto Rico Tourism Co. defended the move by saying that hosting the event will generate $10 million in visibility worldwide. “After the […]
With all the whistle-blowing on Facebook, Instagram, about how the social media platforms track our moves, it’s wise to peek into the mechanics of it all. True, hidden trackers called spiders, crawlers, and bots in internet lingo, are pieces of code that follow us around cyberspace. They register all our moves online, our consumer interests, […]
A federal grant is “a way the government funds ideas and projects to provide public services and stimulate the economy,” and it is one among many ways the US government reallocates resources to eligible recipients. With the Biden administration, citizens and businesses in Puerto Rico expect that the massive investment in federal dollars allows full […]
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